Property summary
This prime commercial building at 1217 Mellen Street in Centralia, WA, presents a fantastic investment opportunity. Situated on a 0.28-acre lot, the property boasts excellent visibility due to its location in a high-traffic area, making it ideal for attracting a substantial customer base. The building has undergone significant remodeling, including a fresh exterior paint job, enhancing its curb appeal and market value. The interior offers flexible unit options, allowing for customization to suit a variety of business needs. Whether you envision a retail space, office environment, or a mixed-use configuration, this property provides the adaptability to meet your specific requirements. The building's versatile layout and prominent location make it an exceptional choice for entrepreneurs seeking to establish a strong presence in a thriving community. The asking price is $749,900. This is a rare opportunity to acquire a well-maintained, highly visible commercial property in a desirable location. The adaptable space and prime location offer significant potential for long-term growth and profitability. Serious inquiries are encouraged to schedule a viewing and explore the possibilities this property offers. The square footage will need to be verified independently.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning